OKX, a Web3 technology company and crypto exchange, has officially launched OKX TR, its crypto exchange platform in Turkey. This platform provides Turkish users with a compliant and trusted gateway to trading and decentralized finance.
The OKX Web3 Wallet is now available in Turkey through the global OKX platform. With the launch of OKX TR, Turkish users have access to localized features such as direct deposits and withdrawals in Turkish Lira from banking partners like Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank and Türkiye Finans. The OKX TR team also offers 24/7 customer support in Turkish and English to ensure users receive timely assistance and comprehensive guidance.
OKX TR offers a powerful platform for Turkish users to trade major cryptocurrency pairs, including USTD/TRY, BTC/TRY, and ETH/TRY, with advanced crypto features.
In May 2023, OKX announced its expansion to Turkey and has since established an office and hired a team in the market. The launch of OKX TR marks a significant step in the company’s global expansion strategy and it aims to continue growing and capturing local market share by offering tailored products and services.
OKX President Hong Fang stated, “The official launch of OKX TR is a key milestone in our global expansion strategy. With nearly 50% adoption rate of crypto in Turkey, it is a dynamic and promising market for the industry. The population’s high engagement and understanding of digital assets make it an ideal environment for OKX, and we are fully committed to further developing this already vibrant ecosystem.”
Board Chairman of OKX TR, Mehmet Çamır, added, “The launch of OKX TR demonstrates our belief in the country’s vast potential for growth and our dedication to the market. As a global leader in crypto trading, Turkey is also well-positioned for growth in the decentralized finance space. We are excited to support this development and firmly believe that our presence in Turkey will play a significant role in nurturing its emergence as a Web3 innovation hub.”
